Single Family Homeownership

Single Family Programs FY 2019 Highlights

DCHFA’ s Single Family Programs division creates homeownership opportunities in the District by providing low-cost, single-family mortgages and down payment assistance, made possible through the issuance of mortgage-backed securities . The Agency offers a variety of programs for current and potential homeowners, with the goal of expanding and retaining homeownership opportunities .

• DC Mortgage Assistance Program (DC MAP) launched January 2019 to help furloughed federal government employees pay their mortgages

• Reverse Mortgage Insurance & Tax Payment Program (ReMIT) launched March 2019 to provide financial assistance to District seniors

• DC4ME PLUS launched September 2019 to assist District government employees

• DC Open Doors’ maximum applicant income increased to $145,560

• DC Open Doors’ maximum loan limit increased to $484,350

• DCHFA began issuing grants toward closing costs on DC Open Doors HFA Advantage loans and DC4ME PLUS loans